CELESTEEN: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
CELESTEEN
Largest movements
- Cash -€204,622
down €204,622 (-84.4%), from €242,430 to €37,808
mainly Receivables within one year (-€184,705) and Debts after one year (-€24,436)
- Receivables within one year +€184,705
up €184,705 (+3,969%), from €4,654 to €189,359
- Tangible fixed assets -€7,198
down €7,198 (-3.1%), from €230,385 to €223,187
- Debts after one year -€24,436
down €24,436 (-18.0%), from €135,906 to €111,470
- Tax, wage and social debts -€10,125
down €10,125 (-92.8%), from €10,914 to €789
- Profit (loss) carried forward +€7,264
up €7,264 (+10.2%), from -€71,286 to -€64,022
- Financial income +€5,671
up €5,671 (+181%), from €3,125 to €8,796
- Gross operating margin +€4,933
up €4,933 (+20.6%), from €23,998 to €28,930
- Financial charges -€1,087
down €1,087 (-13.7%), from €7,929 to €6,842
- Other operating charges +€929
up €929 (+19.8%), from €4,704 to €5,633
- Taxes +€426
up €426 (+117%), from €363 to €789
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €478,982 | €451,879 | -€27,103 | -5.7% |
| Fixed assets | 21/28 | €230,488 | €223,290 | -€7,198 | -3.1% |
| Tangible fixed assets | 22/27 | €230,385 | €223,187 | -€7,198 | -3.1% |
| Land and buildings | 22 | €230,385 | €223,187 | -€7,198 | -3.1% |
| Financial fixed assets | 28 | €103 | €103 | = | 0.0% |
| Current assets | 29/58 | €248,495 | €228,589 | -€19,905 | -8.0% |
| Amounts receivable within one year | 40/41 | €4,654 | €189,359 | +€184,705 | +3,969% |
| Other amounts receivable | 41 | €4,654 | €189,359 | +€184,705 | +3,969% |
| Cash at bank and in hand | 54/58 | €242,430 | €37,808 | -€204,622 | -84.4% |
| Deferred charges and accrued income | 490/1 | €1,411 | €1,422 | +€11 | +0.8% |
| Total equity and liabilities | 10/49 | €478,982 | €451,879 | -€27,103 | -5.7% |
| Equity | 10/15 | €306,685 | €313,948 | +€7,264 | +2.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €359,379 | €359,379 | = | 0.0% |
| Distributable reserves | 133 | €359,379 | €359,379 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,286 | -€64,022 | +€7,264 | +10.2% |
| Amounts payable | 17/49 | €172,298 | €137,931 | -€34,367 | -19.9% |
| Amounts payable after more than one year | 17 | €135,906 | €111,470 | -€24,436 | -18.0% |
| Financial debts | 170/4 | €135,906 | €111,470 | -€24,436 | -18.0% |
| Amounts payable within one year | 42/48 | €36,391 | €26,461 | -€9,931 | -27.3% |
| Current portion of amounts payable after more than one year | 42 | €23,405 | €24,436 | +€1,031 | +4.4% |
| Trade debts | 44 | €2,073 | €1,236 | -€837 | -40.4% |
| Suppliers | 440/4 | €2,073 | €1,236 | -€837 | -40.4% |
| Taxes, remuneration and social security | 45 | €10,914 | €789 | -€10,125 | -92.8% |
| Taxes | 450/3 | €10,914 | €789 | -€10,125 | -92.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,198 | €17,198 | = | 0.0% |
| Other operating charges | 640/8 | €4,704 | €5,633 | +€929 | +19.8% |
| Gross operating margin | 9900 | €23,998 | €28,930 | +€4,933 | +20.6% |
| Operating profit (loss) | 9901 | €2,096 | €6,099 | +€4,003 | +191% |
| Financial income | 75/76B | €3,125 | €8,796 | +€5,671 | +181% |
| Recurring financial income | 75 | €3,125 | €8,796 | +€5,671 | +181% |
| Financial charges | 65/66B | €7,929 | €6,842 | -€1,087 | -13.7% |
| Recurring financial charges | 65 | €7,929 | €6,842 | -€1,087 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,708 | €8,053 | +€10,761 | |
| Income taxes | 67/77 | €363 | €789 | +€426 | +117% |
| Profit (loss) for the period | 9904 | -€3,071 | €7,264 | +€10,335 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,071 | €7,264 | +€10,335 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.